cons is closer to 16% growth
— Jordan Novet (@jordannovet) April 13, 2023
So Amazon came out with its latest annual shareholder letter and it was even more cautious on AWS growth than I was expected.
AWS said they weren’t going to push folks to sign punitivate contracts, or block downgrades, etc. That if customers want to manage their spend more careful, they they should.
Net net? AWS projected for now only $85 Billion in sales in 2023 … which sounds like a lot, but it’s only 6% over 2022’s $80 Billion in AWS sales. Lower than I predicted.
Wall Street is still projecting more, and saying Amazon is being too conservative, and predicting 16% growth.
But it’s still way way down. Growing, yes. But a lot of macro headwinds here.
Published on April 14, 2023
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- Source: https://www.saastr.com/aws-2023-growth-may-be-just-6-this-year/
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